people who will buy it before it goes public. high net worth retail investors, you know, relatively rich people who trade often. and then there s everybody else, the average joe retail investor. that s likely most of you out there. starting with ned i want to go one at a time. ned, good to see you, my friend. we ll talk later about whether one should or shouldn t buy this. what do you think a retail investor who gets on to their trading platform at 9:00 on friday will be likely to pay for facebook when it opens? you know, you said $90 a share, i said a 50% premium. this is one of those situations where it depends on how much stock is shorted by the way, craig, i want to congratulate you. this is incredible. you must be waiting for next friday. as a retail investor i wouldn t approach the stock on friday or the next monday, tuesday, or wednesday. i wouldn t go near it. would not go near it. so you think 50 bucks, somebody gets it for? a 50% premium? 50, 60, you re talk
the leader of libya s national transitional council called for more financial support for the new government from other nations. japan s about to get another new prime minister. kan announced his resignation. parliament will vote on tuesday to choose the country s next leader. kan was struggling for approval even before the march disaster struck japan. his ratings have gotten worse since. people along theest east coast are getting ready for hurricane irene. six states are in emergency mode. thousands of toof tourists and residences have been evacuated. it s been 11 days since the hunger strike began, but he says he ll keep going until death or until parliament approves his version of tough anti-corruption legislation. those are the top stories from cnn, the world s new leader. i m zain verjee and world business today starts now. good morning from cnn london. and good an from cnn hong kong. i m andrew stevens. welcome to world business today. more qe or no more qe so
word. the truth is that the president wanted a blank check six months ago and he wants a blank check today. this is just not going to happen. as makeshift memorials spring up across norway, police and the public are searching for answers to friday s deadly attacks. the lawyer and suspect, anders breivik, the lawyer said his client is in insane. the suspect s father, who doesn t want to be identified, agrees. translator: no, i ll never have more contact with him in my darkest moments i think rather than killing all those people, he should have taken his own life. those are strong words from a father. translator: they are, punish thinking abo but thinking about what has happened, i still don t understand. no normal human being would do something like that. money from a u.s. defense contract is now in the hands of the taliban. the a u.s. military task force now believes that part of a $2 billion contract for troops transportation was diverted through a network of afr